#India’s HealthKart valued at 0M in new investment

#India’s HealthKart valued at $500M in new investment

Indian nutrition startup HealthKart’s valuation has surged to about $500 million in a new investment of $153 million, two sources familiar with the matter told TechCrunch. The investment, one of the largest for an Indian consumer startup this year, was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial…

Read More
#Oyo founder seeks new investment at .8 billion valuation

#Oyo founder seeks new investment at $3.8 billion valuation

Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium…

Read More
#ePlane looks to ride the Indian government’s interest in air taxis with new M round

#ePlane looks to ride the Indian government’s interest in air taxis with new $14M round

Soaring private vehicle ownership and declining use of public and nonmotorized transport have created mounting traffic congestion in India, the world’s most populous country, which also struggles with relatively narrower roads and inadequate parking facilities in cities. New Delhi recognizes these challenges and has been exploring new ways to address them quickly. Indian prime minister…

Read More
#Bhansali Productions CEO Prerna Singh on Bringing Big Bollywood to the Small Screen with Netflix’s ‘Heeramandi’

#Bhansali Productions CEO Prerna Singh on Bringing Big Bollywood to the Small Screen with Netflix’s ‘Heeramandi’

After executive stints at such Indian media giants as Eros International, Abundantia Entertainment and Reliance Entertainment, Singh joined Sanjay Leela Bhansali’s Bhansali Productions in 2019, heading up operations at the Bollywood powerhouse. Singh has expanded the company’s business to the small screen with the epic series Heeramandi: The Diamond Bazaar, a Netflix original about the…

Read More
#Table Space eyes .5B valuation in India IPO

#Table Space eyes $2.5B valuation in India IPO

Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup has hired Axis as a bookrunner for the IPO, the sources said. Founded in 2017, Table Space leases large office spaces, transforms…

Read More